Friday, April 28, 2017

What Can You Do with $1,000 in Tax Return Loans

What Can You Do with $1,000 in Tax Return Loans

When it’s time to get your refund from the IRS, you may just find that the government agency has different ideas. You think you should get your money a week or so after filing; they think they can take several weeks, or even months. Did you know that you can get your refund money sooner with tax return loans? Regardless of whether you’re in the middle of tax season, or working with an extension, you can rely on these loans to get you refund cash now, not later. So what would you do with, say, an extra $1,000?

Use Your Tax Return Loans to Pay off More Expensive Debt

While it may seem counterintuitive to use tax return loans to eliminate debt, there is a smart way to do this. For instance, if you have a couple of credit cards that carry a balance, use the $1,000 to pay them off completely. Then you will limit your payments to just one debt, and if you are expecting a tax refund this year, you can use that money, when it finally comes in, to repay the tax return loans. Some types of debt are very expensive, especially when you miss payments. Consolidate to save money.

Upgrade Your Junker Car with Money from Tax Return Loans

We hear from a lot of borrowers that it’s just so hard to get ahead when you’re trying to live paycheck to paycheck. Those bigger expenses get put on the backburner time and again. But how much easier would your life be if you could do something like get a better used car, one that didn’t break down every other day? Ultimately doing so might even save you money. If you can count on a car to get you to work, then you know you won’t miss any pay, or have to pay endless mechanic’s bills. Just $1,000 from tax return loans could get you there.

With Cash from Tax Return Loans, Make Money-Saving Home Upgrades

If you’re a homeowner, your tax return loans money can also help you upgrade some things around the house that will actually save you money. For example, if you can make changes that lower your utility bills, you’ll save money over time, even if it costs a little now. With $1,000 you can get a start on getting better insulation, upgrading your furnace to run better, buying shower heads and faucets that will better control water flow, and replacing old, energy-burning appliances with newer, more efficient ones.

Why Not Treat Your Family Just a Little with Tax Return Loans?

If you know that you’ll get your tax refund eventually, why not use the cash now, from tax return loans, to have a little fun. Maybe you don’t want to waste $1,000 on something frivolous, but you could use a couple hundred dollars to do something nice. You could go out for a nice dinner, buy your kids new shoes, hire a sitter and go out for date night, or even take a quick weekend trip with the whole family. Tax return loans are ready and waiting for you. How you use the cash is limited only by your imagination.

What Can You Do with $1,000 in Tax Return LoansBy Eric Knapp - 4/28/17